Quiet Creek Inn & Vacation Rentals $2,320,000

Quiet Creek Inn & Vacation Rentals is the premier lodging establishment in the mile-high mountain community of Idyllwild, CA. The inn' s five duplex cabins (5 studios & 5 suites) were built in 1986 on 6.5 heavily wooded & secluded acres along Strawberry Creek. The original property purchase included a spacious 3-bedroom residence (app 1822 sq ft built in 1951) & a horse barn. The current property is comprised of 3 parcels including over ΒΌ mile of beautiful creek, dramatically enhancing its value. There is ample parking for inn guests & vacation rental check-ins as well as a large meadow area & large deck for special functions & events. Continuing improvements have been made to the marketing, furniture, furnishings, vehicles, grounds & residence. Occupancy averages have run from 50% to 62% since 2005 (better than industry averages), but the biggest enhancement to the revenue of the business has been the growth of the vacation rental business: grown from 9 in 2005 to over 45 in 2008 (the number of rooms shown is the 10 inn rooms plus 35% of the vacation rentals). The gross lodging revenue has had increases every year for which records are available. Quiet Creek Travel & Quiet Creek Real Estate are included in the purchase. All businesses are operated from the office at Quiet Creek Inn. The location is app 1 mile southwest of the village area of Idyllwild, less than a two-minute drive or 15-minute hike through the county campground. There is hiking on the property along Strawberry Creek & there are trails a block away, which lead to Nature Center Trails that connect to Deer Springs Trailhead from which one can hike in to the alpine high-country.

Details

  • Built in 1986
  • 22 years as B&B
  • Last renovation in 2008
  • 26 Guest Rooms
  • 39 Guest Bathrooms
  • 13 Parking Spots
  • Has owner's quarters
  • $2,320,000
  • 58% annual. occ. rate
  • $143.00 avg daily rate
  • $506,213 gross revenue
  • $453,421 room revenue

Listing Agent

Jim Newcomb
26345 Delano Drive
PO Box 240
Idyllwild, CA 92549

Phone: 951-659-6110
email: Jim@QuietCreekInn.com
LoopNet listing with Financials

Location

26345 Delano Drive Idyllwild, CA 92549

Photos (click to enlarge)

Duplex guest cabins
Entry gazebo and deck Deck, office & residence
Office deck Duplex guest cabin from creek side
Duplex guest cabins from creek Creek side seating
Creek side hammock Queen studio with fireplace
Queen studio Queen suite living room and deck
Queen suite bedroom King suite living room
King suite deck Residence dining area to living room

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